Click image to enlarge

Close to 300 manufacturers from across the country attended the Canadian launch of Iscar Tools Inc.'s IQ product line, held May 7 at the Living Arts Centre, Mississauga, ON.

Jacob Harpaz, CEO of Iscar and president of parent company IMC, introduced the extensive product line (branded "High-Q-Line"), one of the largest in the company's 60-year history, with more than 1,350 products.

"The idea behind these products is to ensure customers understand how cutting tools can improve productivity," says Ronnie O'Byrne, general manager for Iscar Tools in Canada, Oakville, ON. "Increased tool life alone is not enough to improve productivity; you have to consider cutting speeds and feeds." And maximizing feeds and speeds for "24 hours, continuous cutting" is only possible if you have the right cutting tool design, adds Harpaz, who noted during the presentation that improving productivity was the key R&D target for the new IQ line.

 

Click image to enlarge

Jacob Harpaz, CEO of Iscar, chairman of parent firm IMC

The productivity theme resonated with many people, including James Zhao, a technical leader with HPG Ltd., a manufacturer of turbine blades and impellers based in Oakville, ON.

"We use Iscar cutting tools daily and we use all of them, but I'm involved mainly in the milling side. I came today to learn more about what IQ means. I wanted to find out about improvements on tools that we're using, such as the SumoCham drill, which is amazing for hard to drill materials."

The large IQ product family Harpaz introduced at the May 7 launche includes turning (IQ Turn), drilling (IQ Drill), milling (IQ Milling) and tooling insert grips (IQ Grip). In addition to providing details about products, Harpaz noted Iscar's rapid growth that he contributes to the company's emphasis on R&D.

Click image to enlarge

Left, Randy Chubey, Trimaster Manufacturing, Guelph, ON, with Iscar's Dan Smith.

"In 1982, Iscar was a company that was at less than $100 in total sales. Today, that figure is $3 billion in sales that we finished with in 2012...five to six per cent of annual revenue is allocated back to R&D and 40 per cent of annual revenue is derived from products that are less than five years old."

Iscar

Tooling data manager stores values for subsequent runs

The latest version of TDM Systems Global Line tool data management software now has a number of enhancements and new modules that help users reduce tooling costs and increase efficiency. 

Nearly $3 M for Québec aerospace cluster

Aéro Montréal, Québec's aerospace cluster, has received $2.977 million in funding to support the development of the StartAero360° initiative during the launch of the federal strategy for innovation and growth of Québec regions.

GM Oshawa plant launch accelerated; axle supplier named

GM says the start of production of full-size trucks at the refurbished Oshawa Assembly facility is months ahead of schedule.

Ontario firm signs North American robot supply deal

I-Cubed Industry Innovators Inc., based in Stoney Creek, ON, has signed an agreement with Yaskawa America through the company's Motoman Robotics Division (Yaskawa Motoman) to supply robots to the North American waterjet market.

Mazak to expand with new smart factory in Japan

Yamazaki Mazak, Mazak Canada's parent company, has announced the construction of a new production facility in Inabe City, Mie Prefecture Japan, that will incorporate the company's iSmart factory concept that encompasses production automation and the Industrial Internet of Things (IIoT) technology.

Schunk invests 85 M euros in Germany, US facilities

Schunk has announced a broad-based investment program that will see around 85 million euros (about Cdn$127 million) invested in three German facilities and one site in the US.

Sandvik Coromant partners with auto tools maker

Sandvik Coromant has signed a partnership agreement with Hanna Tools that will strengthen Sandvik Coromant's global position in the automotive manufacturing industry.

Ontario's high electrical costs to blame for manufacturing job losses: report

It will come as no surprise to anyone involved in manufacturing in Ontario, but a new Fraser Institute report confirms what many already know: high electrical costs have driven thousands of manufacturing jobs out of the province.

Bombardier ramps up Montreal production, hiring 1,000

Bombardier Inc. is planning to hire about 1,000 people as part of its production ramp-up of its new Global 7000 business jets, according to a source.

Machine vision sales up 10% in Q1, 2013

Total machine vision sales in North America grew ten per cent year-over-year for the first quarter of 2013, according to new statistics from AIA, the industry’s trade group.

Economy shrank in Q2, StatsCan says

Following three quarters of post-pandemic expansion, the Canadian economy shrank by 11 per cent between April and June, according to Statistics Canada.

Canada to consider safeguard steel tariffs

The federal government says it plans to seek industry input before it decides whether or not to impose tariffs on steel entering Canada from offshore suppliers.

The Biggest Constraint: A Ghostly Tale of Quality Management

By Kip Hanson

Ever since that big investment firm acquired us last year, Spacely's Space Sprockets has been struggling. I can't blame the investors. They provided an infusion of much needed cash, brought in a pair of high-tech, multi-axis machining centres, and agreed to replace our aging ERP system. At their request, we'd even brought in an efficiency expert to help us implement Six Sigma best practices.

Tooling Up for Automotive

by Kip Hanson

In response to lightweighting initiatives, cutting tool suppliers are tackling new materials, forming new partnerships

Feds invest $200M to build vaccine production plant

The Government of Canada is giving $199.16 million to help Resilience Biotechnologies Inc. expand its vaccine production capacity.

Stay In Touch

twitter facebook linkedIn